Brown Financial Advisory Has $621,000 Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Brown Financial Advisory grew its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 49.8% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 25,314 shares of the company’s stock after buying an additional 8,417 shares during the period. Schwab Fundamental U.S. Large Company ETF makes up 0.3% of Brown Financial Advisory’s investment portfolio, making the stock its 24th biggest holding. Brown Financial Advisory’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $621,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in FNDX. Woodside Wealth Management LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF in the first quarter worth about $25,000. Bridge Generations Wealth Management LLC raised its position in Schwab Fundamental U.S. Large Company ETF by 171.2% in the first quarter. Bridge Generations Wealth Management LLC now owns 1,169 shares of the company’s stock worth $28,000 after purchasing an additional 738 shares in the last quarter. Key Financial Inc raised its position in Schwab Fundamental U.S. Large Company ETF by 79.5% in the first quarter. Key Financial Inc now owns 1,346 shares of the company’s stock worth $32,000 after purchasing an additional 596 shares in the last quarter. Dagco Inc. acquired a new position in Schwab Fundamental U.S. Large Company ETF in the first quarter worth about $33,000. Finally, JFS Wealth Advisors LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF in the first quarter worth about $44,000.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.8%

NYSEARCA:FNDX opened at $26.18 on Wednesday. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $20.41 and a 12-month high of $26.66. The firm has a market capitalization of $20.57 billion, a PE ratio of 17.86 and a beta of 1.00. The firm has a 50-day moving average price of $25.84 and a 200 day moving average price of $24.43.

About Schwab Fundamental U.S. Large Company ETF

The Schwab Fundamental U.S. Large Company Index ETF (FNDX) is an exchange-traded fund that is based on the Russell RAFI Large Company US index. The fund tracks a fundamentally selected and weighted Russell index based on sales, cash flow and dividends\u002Fbuybacks. FNDX was launched on Aug 15, 2013 and is managed by Charles Schwab.